Population Change and the Regional Distribution of Physicians
| Autor: | Michael Kuhn, Carsten Ochsen |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
Economics and Econometrics
education.field_of_study Population ageing business.industry 030503 health policy & services 05 social sciences Population Distribution (economics) Metropolitan area Excess supply 03 medical and health sciences 0502 economics and business Per capita Population growth Demographic economics Business 050207 economics Rural area 0305 other medical science Life-span and Life-course Studies education |
| Popis: | Based on an intertermporal entry model of the physician market, we analyze how the supply of office-based physicians depends on regional character and on the age-structure of the local population as determinants of the current profitability of physician services, on local population change as a predictor of future demand, and on the extent of equilibrium adjustment within local markets. Using German regional data, we find that the number of general practitioners (GPs) per capita is positively related to the share of the population 60 and above within metropolitan areas, but negatively within rural areas. Future changes in list size have an impact on the current supply of GPs, suggesting limitations to equilibrium adjustment especially in regions with excess supply. Overall, population change should have raised the profitability of GP services over the period 1997–2008. The falling supply of GPs, especially in rural regions, then implies an increase in reservation income. |
| Databáze: | OpenAIRE |
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